BTC chills, Nasdaq slips - is crypto the safe haven now

Plus: Venice AI’s VVV token dropped – and AI brokers scored huge

GM. Consider us as your crypto bartender – mixing up the day’s zesty market actions, shaking out the fluff, and serving it straight, no garnish wanted.

🤖 Venice AI.

🍋 Information drops: crypto Ponzi scheme promoter will get sentenced, KuCoin has to depart the US for 2 years + extra

🍍 Market taste at the moment

After all of the BUFFOONERY we needed to endure via yesterday, we lastly get to get pleasure from some extra of these lovely greens out there at the moment.

The Worry & Greed Index is meditating in Greed at 72, Bitcoin’s again above $100K. Life is zen 🧘

So, principally, our boy BTC managed to stabilize after the DeepSeek fiasco, which André Dragosch, a researcher at Bitwise, sees as hella bullish – particularly understanding that the NASDAQ saved on sliding.

And should you’re nonetheless shaking from yesterday’s dip, macroeconomic knowledgeable Raoul Pal has some recommendation for you: settle down and go contact some grass.

20-30% value dips are fully regular out right here – and 2025 continues to be lookin’ good for crypto.

He says we’re coming into the Banana Singularity or Section 2 of the Banana Zone, which is principally that second out there cycle when issues go, properly, bananas – costs, hype, sentiment, every part. In keeping with him, we are able to anticipate Q1 to be tremendous sturdy.

And at last, as all the time – when unsure, zoom out:

Metaplanet – aka the Japanese model of MicroStrategy – is elevating cash to purchase extra Bitcoin (and saying it is the most important capital elevate in Asia for this function);

The strategic Bitcoin reserve invoice in Arizona handed the State Senate Finance Committee and is now headed to the Senate Guidelines Committee. If the Senate approves, it is off to the Home. If the Home approves, it is off to set a development for different states to do the identical. After which, to the moon.

Certain, perhaps your neighbor – who thinks crypto is a few imaginary rip-off web cash – was throwin’ center fingers at your window yesterday. Possibly your dad and mom instructed you to maneuver out of their basement when the market dipped (jk… perhaps).

However go searching – main gamers and states are nonetheless all-in on BTC. Do not lose focus; the long run’s lookin’ shiny, my pal 😏

🥝 Memecoin harvest

That is what occurs when the web collectively decides, “we like this joke sufficient to make it priceless” 😃👍

Identify

24H Change

Venice Token VVV

▲6.4K%

TruthChain TRUTH

▲6.2K%

GoFundMe GFM

▲173%

Beenz BEENZ

▲132%

Knowledge as of 09:35 AM EST.

Take a look at these memecoins and many extra right here.

“Why the frick does an Italian metropolis have a token??” – one may ask after seeing the highest memecoin on our record at the moment.

… yeah, I do know, nobody thought that. What a silly intro, really. Nevertheless it’ll do 🤠

Anyhow, no, it is not a metropolis, you foolish goose 🤪 – it is a platform referred to as Venice AI, launched in Could 2024 by Bitcoin advocate Erik Voorhees to provide you entry to AI fashions like Llama and DeepSeek (sorry if this phrase triggers PTSD).

There have been loads of rumors going round about AI fashions – like “DeepSeek is sending consumer information to China” – which make folks query how secure AI tech actually is.

Venice is right here to sort out these issues by storing conversations domestically in your browser, encrypting them in transit, and processing every part on decentralized GPUs.

(In different phrases, no one’s snooping in your bizarre AI interactions).

Plus, Venice presents non-public and uncensored API entry for AI brokers – that means they discover extra subjects and enhance their reasoning with a broader, unrestricted data base.

Oh, and the platform launched that VVV token you simply noticed. It was an fascinating launch, lemme inform ya:

This was the primary token airdrop geared toward AI brokers – 25% of the VVV genesis provide went to AI neighborhood protocol accounts on Base (like Luna, aixbt, and VaderAI);

Inside about 90 minutes of launching, VVV hit a totally diluted worth (FDV) of over $1B;

Coinbase listed it on the identical day of its launch (which, usually, takes weeks).

And what does this entire factor inform us?

Everybody’s been saying 2025 could be the 12 months for the AI + crypto combo – Venice’s success is one other proof;

Tokens allotted to AI brokers present they’re changing into absolutely built-in gamers in DeFi;

Underneath Trump, devs may really feel safer constructing crypto tasks – so we are able to doubtless anticipate extra launches like this one.

Liking the juice? 🍋 Don’t gatekeep this one – share the Every day Squeeze and let your pals get a style of Web3 sweetness!
Truthful warning, tho’: you’ll have to hold the load of changing into a hero.

🍋 Information drops

⛓ Antonia Perez Hernandez, a promoter of the Forcount crypto Ponzi scheme, is heading to jail for 30 months. She and her crew scammed buyers out of $8.4M by luring them into Forcount with guarantees of big returns. Spoiler: none of these returns had been actual.

💸 KuCoin agreed to pay a $300M effective for operating an unlicensed money-transmitting enterprise within the US. Additionally, the founders had been compelled to resign, and the change is saying goodbye to the US marketplace for the subsequent two years.

📝 Tuttle Capital has filed for ETFs linked to Chainlink (LINK), Cardano (ADA), and even memecoins like MELANIA and TRUMP. Bloomberg’s James Seyffart says it is a case of issuers testing how far the SEC will go.

🇺🇸 Ripple acquired cash transmitter licenses in New York and Texas. With this approval, they’re all set to supply cross-border funds within the US.

🗣 CFTC’s appearing chair, Caroline Pham, introduced public roundtable discussions to sort out market points (together with people who contain crypto). Over the subsequent few months, they’re going to collect enter from trade consultants, dig into information, and hopefully determine some clear guidelines for crypto.